Al Haj FAW Increases Car Prices by Rs. 85,000

Following the devaluation of the Pakistani rupee recently, the country’s automakers have once more started increasing the prices of their offerings. The latest carmaker to follow this trend is Al-Haj FAW.

FAW has increased prices on its product line by up to Rs 85,000.

The company issued a circular in this regard earlier today, citing the rupee’s weaker position against the dollar as the primary reason behind its price hike. Furthermore, FAW informs it dealers that the company may raise prices further, depending on its sales figures as well as any increase in exchange rate.

Here is the list of products from Al-Haj FAW which have been subjected to the price hike:

Vehicle Old Prices New Prices Difference
FAW Carrier Deck-less PKR 849,000 PKR 919,000 PKR 70,000
FAW Carrier Flatbed PKR 859,000 PKR 929,000 PKR 70,000
FAW Carrier Standard PKR 869,000 PKR 939,000 PKR 70,000
FAW X-PV Standard PKR 974,000 PKR 1,034,000 PKR 60,000
FAW X-PV Dual A/C PKR 1,024,000 PKR 1,094,000 PKR 70,000
FAW X-PV PE (Power Edition) N/A PKR 1,119,000 N/A
FAW V2 PKR 1,204,000 PKR 1,289,000 PKR 85,000

 

The company says that the revised prices will be applicable from 1st November 2018.


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It should be mentioned that Suzuki, Indus Motors, Honda Pakistan have also increased prices for their cars in recent days, with some warning of a further price increase due to the uncertain economic conditions in the country. Local bike makers have also followed suit, with Honda Atlas and others increasing prices from next month effectively.